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Errata Sheet-Book only
Cornerstones of Financial Accounting, 2e
Chapter 1
Exhibit 1-13 (page 25)
Chapter 2
Problem 2-52A Journalizing and Posting Transactions (page 99)
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Chapter 3
Case 3-69
Chapter 4
YouDecide: Operating Cycle and Capital Requirement’s (page 189)
Chapter 5
Case 5-77 Continuing Problem: Front Row Entertainment (page 257)
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Should be May 10
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Chapter 8
Cornerstone 8-3 (page 395)
Chapter 8
Solutions Manual, Problem 8-56A
Chapter 10
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Page Opener-Google (page 473)
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Chapter 10
Cornerstone 10-6 (page 495)
Chapter 10
Cornerstones 10-6 (page 495)
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Chapter 10
Cornerstone 10-7 (page 496)
Chapter 10
Page 488, top of page
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Chapter 12
E 12-71
Solutions manual for Earnings per share, solution indicates that the number of shares outstanding are
in dollars. They are not in dollars, but should be listed as a percent. See changes below.
P 12-78A; requirement 3
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P12-81A
Denominator for Operating Margin Percentage is incorrect. See correction below.
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Appendix 3: Time Value of Money
Cornerstone A3-3 (page 701)
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The highlighted portion of the Cornerstone shown above should appear as so:
Appendix 3
Exhibit A3-7 (page 712)